Payments and FEE-HELP
PaymentsWhen you enrol you will be asked to select an instalment option for payment of your tuition fees. You'll be required to view and print your statement of liability and arrange to pay any fees owing by the due date listed.
Further invoices will be available online for each subsequent semester (or study period) and you will need to pay by the date specified on each invoice.
- It is your responsibility to pay your fees and complete your enrolment by the published date; otherwise a late fee will be levied.
- If your fees remain unpaid, your enrolment will be cancelled and you will then need to reapply for admission to the course. You will remain liable for any outstanding debt.
You have two payment options: standard instalment or dual instalment. Your invoice will be available on line via your student portal as soon as you enrol in your subjects. All instalment options require at least one payment in advance of the commencement of classes.
For more information about payments including invoices and variations to fees owing, see Section 3: Payments and refunds of The University of Melbourne tuition fees 2016: Terms and conditions for Australian fee-paying students.
If you enrol in an Australian fee-place, and are eligible, the Australian Government's FEE-HELP loan program allows you to defer all or part of your tuition fees via a government loan, similar to the deferral of student contributions via HECS-HELP.
What does it cover?
FEE-HELP covers tuition fees only, it doesn't cover accommodation, associated study costs, costs of living and so on.
How do I apply?
Complete a Request for FEE-HELP Assistance form, you can get this from the University via your student portal. The closing date to apply for FEE-HELP is your relevant subject's census date.
When do I pay my loan back?
You start repaying your loan when your taxable income is above the minimum repayment threshold. For the 2015/2016 financial year the minimum repayment threshold is $54,126
Repayment thresholds are adjusted each year to reflect any changes in average weekly earnings.
How much will my repayments be?
The more you earn, the higher your repayment, and the repayment rate is set as a percentage of your income. This can vary from four per cent to eight per cent depending on your total income.
Is interest charged on my FEE-HELP loan?
No, you are not charged interest on your FEE-HELP loan. However it is indexed each year with the Consumer Price Index (CPI) in line with changes in the cost of living.
Can I make voluntary repayments on my FEE-HELP loan?
Yes. You can make repayments to the Australian Taxation Office at any time and for any amount.
I'm a New Zealand citizen. Am I eligible for FEE-HELP?
No, New Zealand citizens are not eligible for FEE-HELP and must pay fees upfront without a discount by the fee due date.
Where can I get more information?
Detailed information on FEE-HELP can be found on the Australian Government's Study Assist website.